[DigitalToday reporter Jinju Hong] An analysis says Flare’s FLR token is showing a similar trajectory to XRP’s chart before its sharp surge in 2017, even during a bear market.

According to blockchain media outlet Decrypt on July 31 (local time), FLR has been forming a pattern of lower highs by failing to break past previous peaks during recent rebound phases.

The key point is that FLR’s long-term chart resembles the structure seen in XRP just before its past rally. Ahead of the 2017 bull market, XRP formed lower highs over several years and then rebounded sharply. XRP climbed from $0.005 in March 2017 to $3.31 in January 2018, rising 66,100 percent in less than a year.

In XRP’s past moves, the first major peak was $0.0435 in December 2013. After a bear market, it rebounded to $0.0280 in December 2014 but did not surpass the previous high. A rebound in December 2015 also stalled at $0.0091, creating another lower high. It then fell to $0.005 in March 2017 before the full-fledged rise began.

FLR has also followed a similar path. FLR rose to about $0.048 in February 2024 but fell with a market correction after hitting resistance. It then joined the rebound in November 2024 as the crypto market recovered, but its peak in December 2025 was limited to $0.036. That was below the February 2024 high.

Rebounds continued afterward, but the strength was weak. After a correction through April 2025, FLR tried to recover again but rose only to $0.0287 in September 2025, leaving another lower high. Its current price is around $0.006, and the article noted it is close to the $0.005 zone where XRP formed a base before its surge.

It also stressed that chart similarities do not guarantee the same result. The outlet pointed out that "the same chart pattern does not guarantee the same result." Even if FLR shows a similar trajectory to XRP, whether it actually rises depends on future market conditions.

The current market structure also differs from 2017. Unlike then, the altcoin market is far more crowded now. With thousands of tokens competing for investment funds, it may be harder for FLR to replicate a roughly 66,000 percent rise like XRP, it said. The article also said the altcoin market is much more crowded, making large-scale capital inflows harder to achieve.

Even so, another calculation suggested returns could still be large even if FLR does not match all of XRP’s gains. The outlet mentioned that even if FLR reproduces only a quarter of XRP’s rise, it could gain about 16,500 percent from around $0.006. In that case, FLR could rise to near $1 and set a new all-time high, it said.

Ultimately, market attention is focused on whether FLR can end its lower-high pattern and succeed in a real trend reversal. Chart similarities have been identified, but without capital inflows and a market recovery, XRP’s past case may remain only a reference indicator.